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Middleground Capital Completes Third Add-On Acquisition Of Haltech For Its Race Winning Brands Platform

PRIVATEMay 13, 2022

Acquiring Company

MiddleGround Capital

Acquired Company

Haltech

LexingtonFinancial ServicesSoftwareVenture CapitalManufacturingSoftwareTransportation

Description

MiddleGround Capital, an operationally-focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is thrilled to announce the acquisition Haltech Engine Management Systems (“Haltech”) through its platform Race Winning Brands (“RWB”). Haltech is a designer, manufacturer, and distributor of automotive aftermarket engine management electronics, focused on performance racing and enthusiast end users.

Quick answer

MiddleGround Capital is acquiring Haltech, announced May 13, 2022. MiddleGround Capital is based in Lexington, Kentucky, United States.

How much did MiddleGround Capital pay for Haltech?
The deal value was not disclosed.
What does MiddleGround Capital do?
MiddleGround Capital is a private equity firm based in Lexington, KY with over $2.0 billion of Assets Under Management.
Where are MiddleGround Capital and Haltech based?
MiddleGround Capital is based in Lexington, Kentucky, United States.
Who are the decision-makers at MiddleGround Capital?
Fundz holds 2 contacts at MiddleGround Capital. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

MiddleGround Capital

Location

Lexington, Kentucky, United States

About

MiddleGround Capital is a private equity firm based in Lexington, KY with over $2.0 billion of Assets Under Management. MiddleGround makes control equity investments in lower middle market B2B industrial and specialty distribution businesses. MiddleGround works with its portfolio companies to create value through a hands-on operational approach and partners with its management teams to support long-term growth strategies.

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Frequently asked

Who acquired Haltech?

Haltech was acquired by MiddleGround Capital, based in Lexington. The deal was reported on May 13, 2022. MiddleGround Capital is a private equity firm based in Lexington, KY with over $2.0 billion of Assets Under Management. MiddleGround Capital is privately held and operates in Financial Services.

When did MiddleGround Capital acquire Haltech?

MiddleGround Capital's acquisition of Haltech was reported on May 13, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Haltech do?

Haltech is a designer, manufacturer, and distributor of automotive aftermarket engine management electronics, focused on performance racing and enthusiast end users. It is privately held, operating in Manufacturing.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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